SECURITYJul 8 · 04:02 UTCAL JAZEERA

Oil prices surge as US strikes Iran, reversing slide to pre-war levels

Brent crude oil prices rose above $76 a barrel for the first time in two weeks due to renewed violence in the Strait of Hormuz. The price increase follows US strikes on Iran, reversing a prior decline to pre-war levels.

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United StatesplaceIranplaceStrait of HormuzplaceBrent crudetopic

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